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Copa Holdings Announces Monthly Traffic Statistics for December 2024
Globenewswire· 2025-01-13 21:48
Operating Performance - Copa Holdings' available seat miles (ASM) increased by 6.5% to 2,665.5 million in December 2024 compared to 2,501.7 million in December 2023 [1] - Revenue passenger miles (RPM) increased by 6.8% to 2,273.1 million in December 2024 from 2,128.6 million in December 2023 [1] - Load factor improved by 0.2 percentage points to 85.3% in December 2024 compared to 85.1% in December 2023 [1][2] Company Overview - Copa Holdings is a leading Latin American provider of passenger and cargo services [3] - The company operates in North, Central, and South America as well as the Caribbean through its subsidiaries [3]
Why the Market Dipped But Copa Holdings (CPA) Gained Today
ZACKS· 2024-12-28 00:20
The most recent trading session ended with Copa Holdings (CPA) standing at $87.64, reflecting a +0.13% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily loss of 1.11%. At the same time, the Dow lost 0.77%, and the tech-heavy Nasdaq lost 1.49%.The holding company for Panama's national airline's shares have seen a decrease of 6.23% over the last month, surpassing the Transportation sector's loss of 6.43% and falling behind the S&P 500's gain of 0.4%.Market participants wil ...
Copa Holdings (CPA) Ascends But Remains Behind Market: Some Facts to Note
ZACKS· 2024-12-21 00:16
In the latest market close, Copa Holdings (CPA) reached $88.87, with a +0.3% movement compared to the previous day. The stock's performance was behind the S&P 500's daily gain of 1.09%. Elsewhere, the Dow saw an upswing of 1.18%, while the tech-heavy Nasdaq appreciated by 1.03%.Coming into today, shares of the holding company for Panama's national airline had lost 4.48% in the past month. In that same time, the Transportation sector lost 5.95%, while the S&P 500 lost 0.71%.The investment community will be c ...
Why Is Copa Holdings (CPA) Down 4.5% Since Last Earnings Report?
ZACKS· 2024-12-20 17:31
A month has gone by since the last earnings report for Copa Holdings (CPA) . Shares have lost about 4.5% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Copa Holdings due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Copa Holdings Beats on Q3 EarningsCopa Holdings ...
Copa Holdings November 2024 Traffic Improves Year Over Year
ZACKS· 2024-12-12 17:11
Group 1: Copa Holdings, S.A. (CPA) - CPA reported an increase in revenue passenger miles by 6.8% year-over-year in November 2024, driven by high passenger volumes [1][2] - Available seat miles increased by 8.4% year-over-year, indicating a capacity expansion to meet demand [2] - The load factor decreased to 86.1% from 87.4% in November 2023, as traffic growth did not keep pace with capacity expansion [2] Group 2: Ryanair Holdings (RYAAY) - RYAAY transported 13 million passengers in November 2024, reflecting an 11% year-over-year increase [3] - The load factor for RYAAY remained flat at 92% year-over-year, indicating stable demand for its services [3] - RYAAY expects an 8% growth in traffic for fiscal 2025, contingent on no worsening of Boeing delivery delays [4] Group 3: Market Performance - CPA currently holds a Zacks Rank of 3 (Hold), with shares gaining 2.8% over the past three months, compared to a 9.4% growth in the Zacks Airline industry [5] - Other stocks in the transportation sector with better rankings include Expeditors International of Washington, Inc. (Zacks Rank 2) and Wabtec Corporation (Zacks Rank 2) [8]
Copa Holdings Announces Monthly Traffic Statistics for November 2024
GlobeNewswire News Room· 2024-12-11 21:15
PANAMA CITY, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for November 2024: Operating DataNovember 2024November 2023% ChangeCopa Holdings (Consolidated)   ASM (mm) (1)2,524.1 2,327.4 8.4%RPM (mm) (2)2,173.5 2,034.5 6.8%Load Factor (3)86.1 %87.4 %-1.3p.p. Available seat miles - represents the aircraft seating capacity multiplied by the number of miles the seats are flown.Revenue passenger miles - represents the number of miles flow ...
Copa Holdings: The Most Undervalued Airline Stock To Buy
Seeking Alpha· 2024-12-03 19:10
Airlines do not make for the most stable investments. The reward can be high, but that's mostly the take when you ride the waves rather than holding the stock through upward and downward movements of the stock price. Copa Holdings S.A. (Dhierin runs the investing group The Aerospace Forum , whose goal is to discover investment opportunities in the aerospace, defense and airline industry. With a background in aerospace engineering, he provides analysis of a complex industry with significant growth prospects, ...
Copa Holdings Q3 Earnings Beat Estimates, Revenues Miss
ZACKS· 2024-11-22 16:05
Copa Holdings, S.A.’s (CPA) third-quarter 2024 earnings per share of $3.50 surpassed the Zacks Consensus Estimate of $3.48 but declined 20.3% year over year. Revenues of $854.7 million lagged the Zacks Consensus Estimate of $860 million and fell by 1.5% year over year due to upbeat passenger revenues.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Passenger revenues (which contributed 95.8% to the top line) decreased 1.8% from the third quarter of 2023. The downside was mainly led by ...
Copa Holdings(CPA) - 2024 Q3 - Quarterly Report
2024-11-21 22:53
Panama City, Panama --- November 20, 2024. Copa Holdings, S.A. (NYSE: CPA), today announced financial results for the third quarter of 2024 (3Q24). The terms "Copa Holdings" and the "Company" refer to the consolidated entity. The following financial information, unless otherwise indicated, is presented in accordance with International Financial Reporting Standards (IFRS). See the accompanying reconciliation of non-IFRS financial information to IFRS financial information included in the financial tables sect ...
Copa Holdings(CPA) - 2024 Q3 - Earnings Call Transcript
2024-11-21 20:35
Copa Holdings, S.A. (NYSE:CPA) Q3 2024 Earnings Conference Call November 21, 2024 11:00 AM ET Company Participants Daniel Tapia - Director-Investor Relations Pedro Heilbron - Chief Executive Officer Jose Montero - Chief Financial Officer Conference Call Participants Savi Syth - Raymond James Michael Linenberg - Deutsche Bank Duane Pfennigwerth - Evercore ISI Stephen Trent - Citi Jens Spiess - Morgan Stanley Alberto Valerio - UBS Rogerio Araujo - Bank of America Daniel McKenzie - Seaport Global Operator Ladi ...